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Articles Home > City Watch > Mumbai > Mumbai-Apartments in Panvel
Mumbai-Apartments in Panvel
By 99acres Media   
Friday, 24 February 2012 16:41
Total View : 7267

Mumbai-Apartments in Panvel

Apartments in Panvel

Panvel is about 300 years old and is one of the hottest upcoming suburban locations of Mumbai. Strategically located on Eastern side of   Mumbai Pune National Highway, it provides a striking view of Matheran hills on eastern side and Gadhi River on Southern side.

A Real Estate Transition Story
Panvel has been redefining itself and so the old houses gave way to luxury apartments which are now paving way for smart and convenient condominiums and luxurious apartments. Many people have even restructured and modified their houses as there is demand for modern apartments. Due to the presence of a number of developers it is easy for people to find apartments within their budgets. One can find apartments which will suit everyone’s pockets.

This area has been planned essentially as a residential development which will provide for the housing requirements of employees who work in the nearby industrial estates such as Taloja, Patalagana, Panvel Co-op Industrial Estate etc.

Enter-Big Builders
A number of developers like Indiabulls, HIRCO, Hiranandani, Kalpataru and Marathon are showing a keen interest in developing new properties here. The demand for apartments in Panvel has gained momentum and is also attracting investors from major multinationals in the recent times. “Most apartments offer luxurious amenities and hence the demand for residential apartments and flats has seen a rapid increase in this region. The wide variety of residential options available for purchasing a property makes them all the more ideal. Thus property market here is flourishing by leaps and bounds”, says S S Adhikari, Manager with Sanjivani Estate Agency.

Panvel offers 1 BHK, 2 BHK, 3 BHK and many more lucrative options to choose from. There are properties for all budget types. A 1 BHK would cost Rs 1,000 to Rs 5,000. In case one wants to take a house on rent then the price to be paid for a 1 BHK would be Rs 4500, for a 2BHK Rs 8000 and for a 3 and 4 BHK the rent will be Rs around 40,000 to 50,000.

New Projects in Panvel

  • Balaji Symphony
  • Arihant Arham
  • Govind Sagar
  • Indisbulls Greens
  • Kalpataru Riverside

Buy/Sale Properties in Panvel, Mumbai Navi


Rent/PG Properties in Panvel, Mumbai Navi


Copyright: 99acres.com

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